Axiom Capital Arranges $25M Loan for Refinancing of Northern New Jersey Retail Center

by Taylor Williams

FRANKLIN TOWNSHIP, N.J. — Boutique commercial finance and advisory firm Axiom Capital Corp. has arranged a $25 million loan for the refinancing of a 113,204-square-foot retail center in Franklin Township, about 40 miles south of Manhattan. Grocer ShopRite anchors the three-building property, with Wells Fargo occupying the other standalone structure. The nonrecourse loan carried a 10-year term and fixed interest rate. The borrower was not disclosed.

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